‘I am chatting with ChatGPT every day’: SoftBank’s billionaire boss says he’s a ‘heavy user’ of OpenAI's chatbot Softbank's Vision Funds, the group's flagship venture funds, lost $32 billion last year. Fortune · Jun 20, 2023
High-tech pizza company that raised nearly $500 million and would cook a pie in transit is reportedly broke Softbank-backed Zume looks to sell off its assets. Fortune · Jun 13, 2023
How the 'Amazon of Asia,' founded by a Harvard dropout, landed on the Fortune 500 Newly-profitable Coupang, which serves customers in South Korea and Taiwan, joins the Fortune 500 list at No. 195. Fortune · Jun 5, 2023
Markets Today: Stocks Lower as U.S. PPI Eases but Regional Bank Stocks Fall The S&P 500 Index ( $SPX ) ( SPY ) is down -0.49%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.94%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.1%. U.S. stock indexes this morning are lower. U.S. weekly... Barchart · May 11, 2023
Markets Today: Stocks Mixed as U.S. PPI Eases but Regional Bank Stocks Fall Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.21%. U.S. stock index futures this morning are mixed. A decline in bond yields is positive for stocks after U.S. weekly initial unemployment claims rose more... Barchart · May 11, 2023
Japan tech investor SoftBank sinks into second year of losses Japanese technology investor SoftBank Group is reporting a loss of 970 billion yen, or $7 billion, for the fiscal year that just ended The Independent UK · May 11, 2023
City braces for new rules to transform London stock market’s faltering appeal Watchdog unveils long-awaited plans to simplify rules over raising money in London Evening Standard · May 2, 2023
Arm co-founder partly blames ‘Brexit idiocy’ for US flotation Hermann Hauser says UK chip designer rules could seek secondary listing in London later The Guardian - UK · May 2, 2023
Foreign Investors Remain Wary of China Investor sentiment toward China was undercut this week after two significant foreign investors in Chinese stocks announced they were liquidating their Chinese holdings. On Wednesday, European internet giant Prosus NV registered more than $4 billion of its stake in China’s Tencent Holdings (TCEHY ) for potential sale in Hong Kong,... Barchart · Apr 13, 2023
Silicon Valley and Saudi Arabia are still closely intertwined despite age-old controversy Nearly 40 venture firms, from Andreessen Horowitz to Craft Ventures to Techstars, have accepted money from Saudi Arabia’s sovereign wealth fund. Fortune · Apr 4, 2023
SoftBank Group founder Masayoshi Son meets startup founders in Delhi NEW DELHI: Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday met founders and CEOs of some prominent startups during his day-long visit to the national capital, according to sources. The Times of India · Mar 7, 2023
Arm’s move to New York is a bitter pill to swallow -- London must learn a vital lesson Russ Shaw, founder of Tech London Advocates, explains why the odds were never really in the City’s favour Evening Standard · Mar 6, 2023
THG's Matthew Moulding brands London Stock Exchange 'incredibly tough place' as he backs Arm's US move In January, Rishi Sunak reportedly restarted talks with SoftBank to persuade it to list the computer chip maker in London Birmingham Post · Mar 3, 2023
London loses Arm wrestle with New York as tech giant heads to the US in blow to the City The re-listing of shares in Cambridge-based Arm Holdings will be on the Nasdaq not the FTSE Evening Standard · Mar 3, 2023
Fortune · Mar 3, 2023 Inside Microsoft's strategy shift at venture arm M12 As Microsoft angles to beat rivals in hot areas like A.I., it's redesigning its venture arm to cleave more closely to the mothership. But the new direction has prompted some tough conversations.
The Guardian - UK · Mar 3, 2023 UK chip designer Arm chooses US-only listing in blow to Rishi Sunak PM had held talks with firm’s owner SoftBank in effort to make London first choice for tech flotations
Fortune · Mar 1, 2023 70% of dealmakers say that investment managers share culpability for FTX Investors have historically been made out to be victims in court when a startup implodes. But investors think VC firms share some responsibility.
Birmingham Post · Feb 17, 2023 Matthew Moulding praises SoftBank after THG signs AutoStore Systems deal SoftBank sold its entire stake in THG to Mr Moulding and Qatar Investment Authority, the country's sovereign wealth fund, in October 2022
The Guardian - UK · Feb 5, 2023 City watchdog may ‘ease rules’ in order to secure $40bn Arm listing Officials locked in talks with tech firm’s Japanese owner, SoftBank, according to Sunday Times report
Birmingham Post · Jan 17, 2023 THG lowers profit expectations despite record sales after £100m cost cutting THG confirmed that a further £30m of savings are to be found this year
Manchester Evening News · Jan 17, 2023 Future of THG's Manchester Airport plans up in the air after £70m loan cancelled The deal with Trafford Council was first announced at the start of 2020
Birmingham Post · Jan 16, 2023 THG's £70m loan to build new headquarters cancelled The deal was first announced in January 2020
InsideEVs · Jan 10, 2023 Elon Musk Breaks Guinness World Record For Largest Fortune Loss Elon Musk made it to the Guinness World Records for the "largest loss of personal fortune:" from $340 billion in November 2021 to $137 billion in January 2023.
The Guardian - UK · Jan 9, 2023 Rishi Sunak restarts talks on London listing for UK tech firm Arm Japanese investor SoftBank thought to favour New York for computer chip designer’s IPO
Fortune · Dec 29, 2022 The 10 biggest crypto funding rounds of 2022 How much did Crypto Winter freeze venture funding?